Company Valuation: Supalai

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 44,223 47,459 36,327 35,546 32,070 30,183 - -
Change - 7.32% -23.46% -2.15% -9.78% -5.88% - -
Enterprise Value (EV) 1 62,487 47,459 58,780 64,609 66,269 62,603 62,818 62,377
Change - -24.05% 23.85% 9.92% 2.57% -5.53% 0.34% -0.7%
P/E 6.25x 5.8x 6.06x 5.74x 8.13x 7.18x 6.79x 6.18x
PBR 1.05x - 0.72x 0.67x 0.6x 0.54x 0.53x 0.51x
PEG - 0.4x -0.2x 1.76x -0.2x 1.07x 1.19x 0.63x
Capitalization / Revenue 1.52x 1.38x 1.17x 1.14x 1.33x 1.2x 1.16x 1.1x
EV / Revenue 2.14x 1.38x 1.89x 2.07x 2.75x 2.48x 2.42x 2.27x
EV / EBITDA 7.4x 4.99x 7.96x 8.43x 14.2x 11.7x 11.3x 10.7x
EV / EBIT 7.51x 5.06x 8.11x 8.66x 14.8x 13.2x 12.6x 11.2x
EV / FCF 15.9x - -227x -69.5x 93.1x 11.9x 19.6x 15.7x
FCF Yield 6.28% - -0.44% -1.44% 1.07% 8.38% 5.11% 6.35%
Dividend per Share 2 1 - 1.45 1.35 1.4 1.24 1.268 1.35
Rate of return 4.41% - 7.8% 7.42% 8.24% 7.75% 7.92% 8.44%
EPS 2 3.63 4.19 3.07 3.17 2.09 2.23 2.357 2.589
Distribution rate 27.5% - 47.2% 42.6% 67% 55.6% 53.8% 52.1%
Net sales 1 29,160 34,486 31,177 31,194 24,124 25,233 25,928 27,487
EBITDA 1 8,444 9,514 7,386 7,665 4,680 5,334 5,567 5,818
EBIT 1 8,321 9,387 7,249 7,462 4,467 4,750 5,000 5,584
Net income 1 7,070 8,173 5,989 6,190 4,015 4,319 4,563 4,993
Net Debt 1 18,264 - 22,453 29,064 34,200 32,420 32,635 32,194
Reference price 2 22.70 24.30 18.60 18.20 17.00 16.00 16.00 16.00
Nbr of stocks (in thousands) 1,948,141 1,953,054 1,953,054 1,953,054 1,886,454 1,886,454 - -
Announcement Date 2/22/22 2/21/23 2/20/24 2/25/25 2/25/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
7.18x2.48x11.74x7.75% 897M
15.83x4.98x13.41x3.2% 45.06B
8.7x1.49x7.68x4.07% 30.67B
20.6x4.23x17.36x1.22% 30.47B
5.54x0.61x1.25x8.96% 26.85B
14.22x3.1x14.85x2.47% 25.48B
15.13x6.83x18.33x1.41% 21.41B
8.95x2.31x7.1x4.07% 21.11B
10.17x1.64x14.26x3.72% 18.66B
Average 11.81x 3.07x 11.77x 4.1% 24.51B
Weighted average by Cap. 12.82x 3.27x 11.78x 3.64%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield